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Helmerich & Payne HP Gain (loss) on disposal of assets

Gain (loss) on disposal of assets at other companies

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-$6.55M-16.4%

Other financials

Income statement

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Revenue$1.0B-0.6%
Gross profit$349.9M+3.9%
Operating income$188.2M+247%
Net income$75.7M+146%
EPS (diluted)$0.74+145%

Balance sheet

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Cash & equivalents$239.3M+5.4%
Total debt$1.9B-20.2%
Total equity$2.7B-6.8%
Total assets$6.3B-8.4%

Cash flow

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Operating cash flow$153.7M+26.4%
CapEx$69.8M-28.1%
Free cash flow$83.9M+241%

Valuation

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Market cap$3.7B+141%
Enterprise value$5.33B+46.1%
P/S0.9×+0.5×

Profitability

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Gross margin31.8%-3.3pp
Operating margin3.3%-13.2pp
Net margin-3.4%-5.3pp
FCF margin4.4%-3.0pp

Returns & leverage

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Return on equity-4.9%-6.9pp
Debt / equity0.7×-0.1×
Current ratio+0.1×

Where this comes from

Reported directly by Helmerich & Payne in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnDispositionOfAssets1.

The source filing: Helmerich & Payne’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:16 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000046765-26-000042
HELMERICH & PAYNE, INC. / UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS / (in thousands, except per share amounts)UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS / Three Months Ended June 30, 2026UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS / Three Months Ended June 30, 2025UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS / Nine Months Ended June 30, 2026UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS / Nine Months Ended June 30, 2025
Restructuring charges1,3624,6815,8354,681
Gain on involuntary conversion(13,581)(13,581)
Gain on reimbursement of drilling equipment(6,036)(6,773)(18,099)(26,149)
Other (gain) loss on sale of assets(120,044)1,347(119,423)2,136
846,6451,169,1932,892,8642,729,485
OPERATING INCOME (LOSS)188,211(128,269)91,3804,780
Other income (expense)
Interest and dividend income2,2802,8567,19331,854

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Helmerich & Payne's gain (loss) on disposal of assets?
Helmerich & Payne (HP) reported gain (loss) on disposal of assets of $120.04M in Q2 2026.
How has Helmerich & Payne's gain (loss) on disposal of assets changed year-over-year?
Helmerich & Payne's gain (loss) on disposal of assets increased by 9012.0% year-over-year, from -$1.35M to $120.04M.
What is the long-term trend for Helmerich & Payne's gain (loss) on disposal of assets?
Over 3 years (2021 to 2024), Helmerich & Payne's gain (loss) on disposal of assets has grown at a -23.1% compound annual growth rate (CAGR), from -$11.28M to -$5.14M.
What does gain (loss) on disposal of assets mean?
Gains or losses recognized on the disposal of businesses, property, equipment, investments, or other assets at prices above or below their carrying value.

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